Status of Implementation of Real Estate (Regulation and Development) Act, 2016 in Select States of India
Overview
Real Estate (Development and Regulation) Act, 2016 (RERA), a pro-consumer legislation aims to protect the interest of consumers by ensuring accountability, transparency and establishing an adjudicating mechanism for speedy redressal of disputes. The paper highlights the progress made by select four States and a Union Territory with respect to adoption of the Act.